Oman's industrial estates operator Madayn has announced that its Suhar Industrial City has attracted more than RO214 million ($555 million) in investment commitments during the first half with 39 contracts signed for projects covering more than 1.1 million sq m area.
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Saudi Arabia, Türkiye and Pakistan have signed a landmark joint defence agreement committing the three countries to strengthen collective security and treat an armed attack against any one of them as an attack against all three.
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Emaar Properties delivered a resilient performance during the first half of 2026, with revenue up 21% to AED23.9 billion ($6.5 billion), EBITDA up 24% to AED12.9 billion ($3.5 billion), and net profit before tax up 23% to AED12.8 billion ($3.5 billion).
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Gulf tensions remain high despite signs of diplomatic progress over the Strait of Hormuz, with Saudi Arabia warning of imminent coordinated attacks by Iran-backed militias even as Tehran and Muscat move closer to an agreement aimed at restoring commercial shipping through the strategic waterway.
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Oil prices are climbing once again, and with them, fears that inflation could make an unwelcome return. Renewed tensions between the US and Iran have shifted investors' attention back to the impact of higher energy costs on the global economy, said a leading global market strategist.
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LEAD Real Estate has announced that work is moving at a steady pace on its AED3.13 billion ($852 million) Al Dhaher Housing Project, an integrated community development in Al Ain. Set for completion in Q4 2028, the Phase I of the project will feature 1,000 villas with a mix of four- to six-bedroom units.
The UAE Emirate of Ras Al Khaimah continues to establish its position as a leading investment destination, attracting AED771.5 million ($210 million) in the first half of 2026.
LEAP 2026, a major technology event in Saudi Arabia, will bring together the world's leading AI companies, investors and innovators in Riyadh for four days of announcements, partnerships and industry-defining discussions, reinforcing the Kingdom's position at the forefront of the global AI economy.
Saudi Aramco President and CEO Amin H Nasser tops the Forbes Middle East’s sixth annual Top 100 CEOs list, which spotlights the executives leading the region’s most impactful organisations.
Islamic finance is evolving beyond its traditional role as a source of funding to become a strategic connector between liquidity-rich markets and fast-growing economies, says a new Standard Chartered report.
Savola Group, an integrated food platform in the food and retail sectors across the MENA region, has reported that its revenue for the second quarter surged 8.6% to SAR6.3 billion ($1.68 billion) and net profit attributable to shareholders increased by almost 10% to SAR117 million, and almost 67% to SAR129 million on a recurring basis.
Iran and Oman have moved closer to an agreement on reopening the Strait of Hormuz to commercial shipping, with both sides agreeing on the geographical coordinates of a proposed safe navigation corridor, even as conflicting messages over possible US-Iran negotiations continue to cloud prospects for a broader diplomatic breakthrough.
Solid market fundamentals and healthy occupier demand are strengthening the long-term prospects of UAE’s industrial sector, said real estate expert JLL. While the rapid pace of rental growth has begun to moderate, Dubai and Abu Dhabi continue to maintain leasing momentum.
Abu Dhabi-based International Holding Company (IHC) has reported a sharp increase in its first-half profit which soared to AED26.2 billion ($7.13 billion), while its revenue surged 34.5% to hit AED64.9 billion ($17.6 billion) supported by higher revenue across several business segments.
UAE-based ORA Developers has announced the launch of Y Views - a boutique collection of three- to eight-bedroom luxury villas and mansions - within its flagship development, BAYN, a 4.8 million sqm coastal masterplan in Ghantoot corridor located between Abu Dhabi and Dubai.
Nine wind turbines have arrived at Saudi Arabia's King Fahad Industrial Port in Yanbu for the Starah and Shaqra wind power projects. The cargo included 27 wind turbine blades, together with various supplementary turbine components and equipment needed for power generation from wind energy.
Bahrain Airport Services (BAS) has launched it Staff Welfare Program 2.0, an enhanced edition of the 2023 Employee Support Initiative first introduced in 2023 that encompasses financial and savings solutions as well as scholarships and grants for undergraduate and postgraduate study.
Trade ministers from the BRICS group met in India to discuss ways to strengthen the multilateral trading system, improving trade resilience and market connectivity, as well as supporting SMEs amid growing challenges to global commerce owing to Strait of Hormuz shutdown.
Islamic finance is evolving beyond its traditional role as a source of funding to become a strategic connector between liquidity-rich markets and fast-growing economies, says a new Standard Chartered report.
GFH Financial Group, a leading Bahraini group with interests in asset management and real estate sectors, has emerged as the sole bidder for the development and operation of the kingdom’s iconic 65,000-sq-m Bahrain National Stadium located within Shaikh Isa Sports City in North Riffa.
Burjeel Holdings, a leading super-specialty healthcare services provider in the GCC, delivered resilient underlying financial performance in H1 2026 with the total revenue increasing 4.4% YoY to AED2,794 million ($760.79 million), supported by patient visits exceeding 3.7 million, up 9.9% YoY.
Bahrain Airport Services (BAS) has launched it Staff Welfare Program 2.0, an enhanced edition of the 2023 Employee Support Initiative first introduced in 2023 that encompasses financial and savings solutions as well as scholarships and grants for undergraduate and postgraduate study.
Saudi retail and food and beverage market maintained strong momentum in H1 supported by resilient consumer spending - which hit SAR425 billion ($113 billion) - as well as low inflation and expansion of the non-oil economy, according to Knight Frank.
Bahrain Chamber's board has appointed Dr Shaima Abdulla Juma, the director of its Legal Affairs Department, as its Acting CEO. This was mainly to ensure administrative and executive compliance and oversee daily operational continuity as well as support Bahrain's private sector initiatives.
Soor, a Bahrain-based insurtech platform, has secured a new investment from Spring, a venture studio and ecosystem builder backed by London-based global investment firm Salica and Al Waha Fund, that will enable it to accelerate its growth and product development.
OMODA & JAECOO’s intelligent mobility ecosystem continues to gain global momentum as AiMOGA Robotics has surpassed 2,000 cumulative overseas robot deliveries across more than 60 countries and regions.
Pantheon, a leader in real estate development, today announced its evolution into Pantheon - Art • Culture • Real Estate (Pantheon ACR), a broader platform created to connect people through the places they live, the experiences they share and the culture they co-create.
Trade ministers from the BRICS group met in India to discuss ways to strengthen the multilateral trading system, improving trade resilience and market connectivity, as well as supporting SMEs amid growing challenges to global commerce owing to Strait of Hormuz shutdown.
